9 votes Bank of America has $100B in unrealized losses Posted July 1, 2023 by BitsMcBytes Tags: banking, business, usa, banks, bank of america, bonds, bond market, author.stephen gandel, source.ft, paywall https://www.ft.com/content/df4f343c-5666-43a2-ba01-ef315bfb119a Link information This data is scraped automatically and may be incorrect. Title Bank of America nurses $100bn paper loss after big bet in bond market Published Jun 29 2023 Word count 986 words 2 comments Collapse replies Expand all Comments sorted by most votes newest first order posted relevance OK BitsMcBytes (OP) July 1, 2023 Link Archived link: https://archive.fo/Xv9jS Archived link: https://archive.fo/Xv9jS 8 votes logansparks July 2, 2023 Link Not unexpected given how other banks in the US have also had challenges. BOA probably have better capital reserves to deal with it though. Not unexpected given how other banks in the US have also had challenges. BOA probably have better capital reserves to deal with it though.
BitsMcBytes (OP) July 1, 2023 Link Archived link: https://archive.fo/Xv9jS Archived link: https://archive.fo/Xv9jS 8 votes
logansparks July 2, 2023 Link Not unexpected given how other banks in the US have also had challenges. BOA probably have better capital reserves to deal with it though. Not unexpected given how other banks in the US have also had challenges. BOA probably have better capital reserves to deal with it though.
Archived link: https://archive.fo/Xv9jS
Not unexpected given how other banks in the US have also had challenges. BOA probably have better capital reserves to deal with it though.